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Saturday, March 03, 2018

Oh no, Europe threatened to stop buying Harleys

Like Reagan before him, President Trump is imposing punitive tariffs to stop the unfair trade practice of our trading partners. Every Republican president from Lincoln to Reagan put America first. (In 1988, Sheldon L. Richman called Reagan the most protectionist president since Hoover.)

Then came the Bushes and the New World Order, and somehow conservatism morphed into globalism.



Trump's imposition of tariffs drew quick rebuke from CNN.

"Europe is preparing to impose tariffs on Harley-Davidson motorbikes, bourbon whiskey and Levi's jeans in retaliation for President Donald Trump's planned taxes on steel and aluminum imports," the Fake News network said.

No bourbon, no jeans, no Harleys. This is the end of biker rallies in Europe.

But instead of showing how we would lose in a trade war, the pathetic threat of retaliation shows that the world has been eating our lunch for decades.

They unload tons of steel and aluminum on us, while buying a few trinkets: a motorcycle, a few bottles of booze, and a few pairs of jeans. Sure, Harley, Jim Beam, and Levi's are iconic American products, but a $19 trillion economy needs much more than that.

The problem with threats by Europe to retaliate is that they have nothing to retaliate with.

China makes a half-trillion-dollars a year profit off the USA.

Time to re-negotiate on our terms.

Meanwhile, Yahoo News informed readers, "Trump tariffs could make metal baseball bats more expensive."

So, in order to have cheap bats, we should kill our aluminum and steel industries  -- and imperil the national defense? That's crazy, capital CRA.

UPDATE: One last note about tariffs, Nobel economics laureate (and former Enron adviser) Paul Krugman wrote a column for Sunday blasting Trump (yawn) but disclosed that the United States sells 9% of the world's exports - and buys 14%.

@@@


The media chose to go to war with Donald John Trump in 2017 rather than accept him as president.

The media chose poorly.

From Leslie Eastman's review at Legal Insurrection:
Surber, a recovering journalist with over 30 years of experience, has been cataloging the #FakeNews that has been regularly offered as serious analysis of President Donald Trump’s actions, policies, and opinions. He has brought his enormous collection together in the longest, most serious book he has yet written: Fake News Follies of 2017.
Fake News Follies of 2017 is available on Kindle and in paperback.

Autographed copies are available. Email me at DonSurber@GMail.com for details. I am including a "director's cut." I will give you the original Chapter 1 that I cut because while the chapter was amusing, it really had nothing to do with the Fake News Follies of 2017.

26 comments:

  1. Nobody buys Harleys, bourbon, or Levis because they are cheap.

    ReplyDelete
    Replies
    1. I don't buy Levis because they are cheap. Expensive, but cheap, so i don't buy them anymore.

      Delete
  2. Meanwhile, Yahoo News informed readers, "Trump tariffs could make metal baseball bats more expensive."

    And Mark Levin says Campbell soup cans will be more expensive.

    The HORROR !!

    And of course no American ingenuity could surpass THAT!

    ReplyDelete
  3. Mark Levin should stick to discussing the US Constitution. I am not the scholar that he is, but I don't think the document mentions "free trade" (or unilateral economic trade disarmament). The guy has dug himself into a pit on this issue and just keeps going deeper

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  4. There is no trade war. The pound and the euro have risen considerably in the last 8 months as the dollar been talked down by the Trump administration. Even if the cost of goods we produce rises they will still be cheaper than theirs for the most part. Wapo and Yahoo are just part of Trumpwhax inc. They know no one in the midwest who needs a job reads their stuff so they can say what their pay wall tools want to hear. Truth is dead and in permanent darkness.

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  5. We don't have Free Trade. That's a joke. But we do have a president who is finally standing up for Americans against the Globalists. It's been so long we'd almost forgotten what that's like.

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  6. If anybody is concerned what Europe thinks, then that proves they are clueless as to the state of the world in the 21st Century. What's Europe going to do to retaliate? Be rude to Americans on their Paris/London/Venice European holidays? I shudder.

    China, on the other hand, is the one to watch. However, given the massive trade deficits we run against China, this is one war where the Chinese arsenal is empty.

    So-called sophisticates think every trade war is Smoot Hawley triggering a global depression. Was the United States running massive trade deficits, or were we more of a seller than buyer in the global marketplace back then? Did European economies matter back then? How transportable was currency back then? Smoot Hawley may (or may not) have been a bad policy in 1930. That doesn't mean the world economy has been locked in place for 90 years.

    ReplyDelete
    Replies
    1. European governments don't allow their populaces to say what they want to say...because most of it is proscribed as "hate speech". Discourages patriotism, it does.

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  7. You notice they always say "could" but never ever say just how much of an increase there would be on any individual item. Pennies and Peanuts.

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  8. How many of those Levis are actually made in the U.S.? About 20 year ago Levi's closed a manufacturing plant here in San Antonio throwing hundreds of folks out of work. The factory was moved to Mexico. If the Eurotards want to buy Mexican Levis, I could care less.

    ReplyDelete
    Replies
    1. There was also Levi place in Waco,Tx too,that closed down too.The only industry left there is the glass plant.

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    2. "all Levi’s jeans are stitched outside America with one exception: a single line of jeans produced at a factory called “White Oak” in Greensboro, NC." BTW those are the ones that cost $178.00 per pair.

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  9. I'm still mad that the tariff to protect AMF/Harley Davidson doubled the price of the rice burner I wanted.

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  10. Maybe we could make baseball bats from something like wood.

    ReplyDelete
    Replies
    1. An idea so shocking...it just might work!
      JimNorCal

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    2. Ridiculous. Do you think wood grows on trees?

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    3. Yeah, but Where are the trees grown?? We don't allow cutting down trees anymore do we????lol

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    4. You made my wife laugh, guys. Thank you.

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    5. Geez...now the SJW's have another excuse to be even more outraged.

      The cost of aluminum headbashers and slim fit levis jeans are on the rise!

      Delete
    6. The power's back on. Yay! Schlongy wins that thread going away.

      Delete
  11. I'd love to see the sales figures for Harleys, American made blue jeans, and American exported bourbon in Europe. I mean the market's got to be miniscule.

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    Replies
    1. The French better keep their mouths shut. Their Wine could quickly get a lot more expensive here in the USA.

      Delete
  12. Question: What’s the difference between a Harley and a vacuum cleaner ?

    Answer: The position of the dirtbag.

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  13. Men in Europe ride scooters and MoPeds. Yes really.

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  14. The loss to Harley is what 15 bike a year, not really a hit in their sales. The hit on the bourbon sale would also be fairly minor. Who still buys Levis?
    If that is all the dictatorship of the EU has, they need American sales a whole lot more that we need them.

    ReplyDelete